Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium - 2024

Contents:

  1. Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium (FOB) - 2022
  2. Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium (CIF) - 2022
  3. Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium
  4. Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium

Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium (FOB) - 2022

The average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $3,610 per ton in 2022, which is down by -71.9% against the previous year. In general, the export price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 1,068%. Over the period under review, the average export prices attained the maximum at $12,857 per ton in 2021, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($10,820 per ton), while the average price for exports to Canada ($1,457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium (CIF) - 2022

In 2022, the average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $14,406 per ton, falling by -11.7% against the previous year. In general, the import price, however, recorded temperate growth. The growth pace was the most rapid in 2019 when the average import price increased by 227% against the previous year. The import price peaked at $16,320 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($16,767 per ton), while the price for Turkey totaled $3,087 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium

For the fourth year in a row, Belgium recorded growth in overseas shipments of nickel; oxide sinters and other intermediate products of nickel metallurgies, which increased by 8.6% to 1.1K tons in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 70,055% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies contracted dramatically to $3.8M in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 75,595%.

Export of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A0.10.31.9335.9%
IndiaN/AN/A0.11.0900.0%
CanadaN/A0.30.50.863.3%
TurkeyN/AN/AN/A0.10%
SpainN/A0.33.3N/A1000.0%
GermanyN/AN/A0.5N/A0%
SwedenN/A0.51.9N/A280.0%
ItalyN/A0.46.0N/A1400.0%
OthersN/A0.3N/AN/A0%
TotalN/A1.912.53.841.4%

Top Export Markets for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from Belgium in 2022:

  1. Canada (577.0 tons)
  2. India (281.9 tons)
  3. France (171.8 tons)
  4. Turkey (24.3 tons)

Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium

In 2022, purchases abroad of nickel; oxide sinters and other intermediate products of nickel metallurgies decreased by -86.6% to 121 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 594%. As a result, imports attained the peak of 902 tons, and then declined dramatically in the following year.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies dropped notably to $1.7M in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 798% against the previous year.

Import of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada0.2N/AN/A1.7104.1%
TurkeyN/AN/AN/A0.10%
JapanN/A0.3N/AN/A0%
FranceN/AN/A0.1N/A0%
IndonesiaN/A1.514.4N/A860.0%
OthersN/AN/A0.3N/A0%
Total0.21.814.71.7104.1%

Top Suppliers of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Belgium in 2022:

  1. Canada (100.0 tons)
  2. Turkey (20.9 tons)

Source: IndexBox Market Intelligence Platform

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